https://www.taxtmi.com/caselaws?id=116715 The Appellate Tribunal ITAT JODHPUR allowed the appeal of the assessee, deleting the disputed portion of the addition in the trading account. The Tribunal held that the revenue authorities should not disturb trading results without strong reasons, especially when past rates have been accepted. It emphasized the need for consistency in assessment procedures and the requirement for valid justifications for any deviations from established practices. The decision underscores the importance of tax authorities providing clear and justified grounds for adjustments during assessments to ensure fairness and adherence to precedents. en-us Thu, 20 Nov 2003 00:00:00 +0530 Fri, 15 Jun 2012 16:36:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116715 The Appellate Tribunal ITAT JODHPUR allowed the appeal of the assessee, deleting the disputed portion of the addition in the trading account. The Tribunal held that the revenue authorities should not disturb trading results without strong reasons, especially when past rates have been accepted. It emphasized the need for consistency in assessment procedures and the requirement for valid justifications for any deviations from established practices. The decision underscores the importance of tax authorities providing clear and justified grounds for adjustments during assessments to ensure fairness and adherence to precedents. Case-Laws Income Tax Thu, 20 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116715